Triumph Financial Q1 2021 Earnings Report
Key Takeaways
Triumph Bancorp reported a net income to common shareholders of $33.1 million, with diluted earnings per share of $1.32 for the first quarter of 2021. The company's net interest income was $83.0 million, and non-interest income was $14.3 million, including a $4.7 million gain on indemnification asset related to the Transport Financial Solutions acquisition.
Net income to common shareholders was $33.1 million, and diluted earnings per share were $1.32.
Net interest income was $83.0 million.
Non-interest income was $14.3 million, including a $4.7 million gain on indemnification asset related to the Transport Financial Solutions acquisition.
Credit loss expense for the quarter ended March 31, 2021 was a benefit of $7.8 million.
Triumph Financial
Triumph Financial
Triumph Financial Revenue by Segment
Forward Guidance
The acquisition of HubTran, Inc. is expected to close in the second quarter of 2021.